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Technology Stocks : NEXTEL -- Ignore unavailable to you. Want to Upgrade?


To: Arnie Doolittle who wrote (3408)12/3/1997 9:23:00 AM
From: Bubba  Read Replies (2) | Respond to of 10227
 
More from PW Analyst

Meeting was one on one with CEO, CFO & Chief Tech Officer.

They wanted to intro Galaxy in Oct but was not ready. Availability now but co feels too much 3noiseý in the marketing channel around holidays so best to wait until Jan and go with big marketing assault. Star Tac phone in Q2 1998.

Increased cap ex - apparently due to area coverage issues. Churn increased to 1.25%-1.3% so some meaningful part of cap ex oriented to this problem where coverage can solve it.

He said he spoke w/ 5-10 3keyý investors late yesterday and whisper number seems to be 3flatý or about 325,000. I would have guessed number was 350,000-375,000. He feels strongly that 375,000-400,000 is very, very long shot. Remember, he used to work there so his credibility is better than most. I still hope he is wrong, though.

More as I get it.

Bub



To: Arnie Doolittle who wrote (3408)12/3/1997 11:22:00 PM
From: Ed Pittman  Read Replies (1) | Respond to of 10227
 
Arnie....I have posted many times that I was wrong to sell Nextel at $ 19...But, It looks like everything will work out...
Bearish on Nextel... The company No I like the company...The stock yes and I fought the trend until I was blue in the face. But its almost over, and I'll be seating in my rocking chair reading everyones notes. Arnie my work says we are coming out of here before the end of the month. I would surely like for it to break the uptrendline and go below it so I can add some more.. I'm half full and 2 more buys to go.
I'm going to dig up those weekly charts you where talking about...
Ed